Hasbro Beats Q2 Earnings Estimate and Raises Annual Forecast on $500 Million Magic Revenue

businesscompany-earnings 4 posts · 4 accounts

Hasbro reported second-quarter revenue of $1.14 billion, beating analyst estimates, and raised its full-year guidance after Magic: The Gathering generated more than $500 million in quarterly revenue for the first time.

The company projected full-year adjusted operating margins between 25% and 26%, with adjusted EBITDA of $1.45 billion to $1.5 billion, and lifted constant-currency revenue growth expectations to 5% to 7%. While the trading card division and consumer products drove growth, entertainment revenue fell 20% and a network outage reduced sales by roughly $25 million. Hasbro also plans to increase utilization of its $1 billion share repurchase authorization.

From the sources (4 posts)

@firstsquawk

Hasboro Q2 2026 Earnings -Net Rev. $1.14b (Est $1.07b) -Adj. EBITDA $330.4m (Est $297.3m) -Sees Fy Adj. EBITDA $1.45b To $1.58, Saw $1.40b To $1.45b -Sees FY Adj. Operating Margin 25-26% Of Saw 24-25% -Increases 2026 Financial Outlook

@wallstengine

HASBRO $HAS Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.14B (Est. $1.06B) 🟢; +16% YoY 🔹 Adj. EPS: $1.28 (Est. $1.13) 🟢 🔹 Adj. Operating Profit: $282M; +14% YoY 🔹 Magic Revenue: >$500M for the first time; +32% YoY Raises FY26 Guide: 🔹 Revenue:

@alphasenseinc

$HAS delivered strong Q2 2026 results driven by exceptional Magic: The Gathering performance, with the company raising full-year guidance while managing digital gaming portfolio adjustments and navigating supply chain optimization. The com

@business

Hasbro reported second-quarter revenue that beat analysts’ expectations and raised its full-year outlook based on the strength of its Magic: The Gathering card game business

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